Read spent 23 years at IBM before joining the Lenovo
America's group. He became President and COO of the company in 2009.

“Rory is a proven leader with an impressive record of
driving profitable growth,” said Bruce Claflin, Chairman of AMD's Board of
Directors. “He is ideally suited to accelerate AMD’s evolution into the world’s
leading semiconductor design company. As President and COO of Lenovo he helped
take the company into dynamic new markets while growing market share and
expanding profitability. His sound strategic thinking and natural customer
orientation will help amplify the voice of the customer inside AMD.”

Not to be left out of the mix, Read offered his own thoughts
on his new position with AMD. “I’m very pleased to be joining AMD at this
important time in its history. AMD is a true innovator and is uniquely
positioned to lead the industry forward, delivering the next big thing both
within the PC ecosystem and beyond,” Read explained. “I’m excited to be joining
AMD’s employees as we write the next chapter not just for the company, but for
the industry and consumers around the world.”